Budgetel Adds Seven Properties
MAY 19, 2008. The popularity of the Budgetel upper economy hotel brand continues to grow with the Budgetel Franchise System announcing signed agreements that will add seven properties to its portfolio. Five of the hotels are scheduled to open within the next 30 days.
Exact locations are:
o Atlanta, GA - 130 rooms
o New Orleans, LA - 64 rooms
o Montgomery, AL - 54 rooms
o Durham, NC - 68 rooms
o Decatur, GA - 160 rooms
o Houston, TX - 64 rooms
o Columbia, SC - 130 rooms
"Our franchise program is rolling out in a measured, selective, quality way," said Randy Evanchyk, Executive Vice President for Franchise Development. "And we are indeed now on a roll as word-of-mouth recommendations are spreading among hoteliers."
Budgetel opened its first hotel in Bossier City, Louisiana, a suburb of Shreveport, in November with 114 rooms.
In addition to adding properties, Budgetel has added Matt Cohen as Managing Director for the Mid-Atlantic & Southeast Region based in Atlanta. For the past four years, Cohen has been director of franchise sales and development with US Franchise Systems in Atlanta.
Atlanta-based Budgetel Franchise System, LLC is an upper-economy, limited-service lodging company. The Budgetel brand, which was first introduced in 1974, has been under new ownership since March of 2007 with an operating philosophy based on the "12 points of fair franchising," which gives franchisees unprecedented control of their profitability.
Marriott International, Inc. (NASDAQ: MAR) is a global leading lodging company based in Bethesda,Maryland, USA, with more than 4,200 properties in 80 countries and territories. Marriott International reported revenues of nearly $14 billion in fiscal year 2014. The company operates and franchises hotels and licenses vacation ownership resorts under 19 brands, including: The Ritz-Carlton®, BVlgari®, EDITION®, JW Marriott®, Autograph Collection® Hotels, Renaissance® Hotels, Marriott Hotels®, Delta Hotels and Resorts®, Marriott Executive Apartments®, Marriott Vacation Club®, Gaylord Hotels®, AC Hotels by Marriott®, Courtyard®, Residence Inn®, SpringHill Suites®, Fairfield Inn & Suites®, TownePlace Suites®, Protea Hotels® and MoxyHotels®. Marriott has been consistently recognized as a top employer and for its superior business ethics. The company also manages the award-winning guest loyalty program, Marriott Rewards® and The Ritz-Carlton Rewards® program, which together surpass 50 million members. For more information or reservations, please visit our website at 
